Florham Park, NJ Housing

Housing in Florham Park, NJ is relatively expensive compared to the US median value of $338,100. The median value of homes in Florham Park is approximately $741,200. Despite this higher cost, the one year appreciation rate for homes in Florham Park is slightly lower than the national average at 6.48%. This suggests that while housing prices may be high, they are also stable and unlikely to experience dramatic changes in value over short periods of time.

The median home cost in Florham Park is $741,200. Home appreciation the last 10 years has been 44.3%. Home Appreciation in Florham Park is up 12.1%.

Average Age of Homes

- The median age of Florham Park real estate is 42 years old

The Rental Market in Florham Park

- Renters make up 25.4% of the Florham Park population
- 0.0% of houses and apartments in Florham Park, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Florham Park, New Jersey	United States
	4,607.0	139,647,020.0
	42	42
	$741,200	$338,100
	12.1%	16.6%
	29.3%	57.0%
	44.3%	101.1%
	$22.02	$10.98
	$9,156	$2,690
	67.4%	57.4%
	4.7%	11.2%
	27.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.5%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	0.8%	11.3%
	0.4%	13.0%
	1.6%	20.1%
	16.4%	13.6%
	14.4%	8.3%
	29.9%	9.7%
	25.0%	3.9%
	9.0%	2.2%
	0.6%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	7.5%	13.6%
	19.1%	13.2%
	9.3%	14.8%
	7.5%	13.6%
	19.2%	10.0%
	5.2%	4.7%
	4.6%	12.2%